UConn-Stamford FED Challenge Team Earns Honorable Mention at Competition in NYC
The UConn-Stamford FED Challenge team earned honorable mention in the New York Federal Reserve District 2018 College FED Challenge competition. This marked the third consecutive year of participation by the Stamford Campus team in the competition and the first time advancing to the semi-final round. The competition started with 39 teams in the initial round on October 24. The UCONN-Stamford team advanced to the to the semi-final round held on November 14 among only eight teams. Rutgers University-New Brunswick placed first and advanced to the final round held in Washington DC November 29. Columbia University placed second. UConn-Stamford earned Honorable Mention along with Fairfield University, Fordham University, Siena College, and SUNY-Oneonta.
The College Fed Challenge is a team competition for undergraduate students. Teams analyze economic and financial conditions and formulate a monetary policy recommendation, modeling the Federal Open Market Committee. The Federal Reserve Bank of New York is one of four Federal Reserve Banks that host the College Fed Challenge Competition. The regional winners go to the final round at the Board of Governors in Washington D.C.
UCONN-Stamford team was comprised of 3 presenters: Ignacio Gonzalez, Jonathan Herrick, Brendan Armburst Mulcahey, who are all Economics majors. The team coach was Di Yang, (Stamford Business School MBA). The researchers who helped prepare the team for the competition were Aditya Dadavai, Sijie Hu, Lingyi Zhu, and Roma Roma (all in the Stamford Business School BPMA Program). Faculty advisors: professors Natalia Smirnova, Steven Lanza, Kanda Naknoi, and Oskar Harmon. The team benefited from practice sessions of challenging questions and from volunteer members of the Fairfield Business Community.
The team participants shown in the picture at the November awards ceremony are (from left to right): Brendan Armburst Mulcahey , Di Yang, Prof. Natalia Smirnova, Jonathan Herrick, Ignacio Gonzalez, and Prof. Oskar Harmon
At the entrance to the New York Federal Reserve Bank, and attending the September orientation:
Di Yang, Brendan Armburst Mulcahey , Jonathan Herrick,, Ignacio Gonzalez, and Professor Natalia Smirnova.